Morning Movers: Constellation Brands Jumps, Biogen Bounces, Celgene Slips

Stocks look set for a higher open today ahead of U.S. jobless claims data this morning.

BP-AB035_sunris_D_20171005074506.jpgAgence France-Presse/Getty Images

S&P 500 futures have ticked up 0.1%, while Dow Jones Industrial Average futures are little changed. Nasdaq Composite futures have risen 0.2%.

Acadia Pharmaceuticals (ACAD) has jumped 6.5% to $41.70 after its drug for treating dementia was granted breakthrough status by the FDA.

Biogen (BIIB) has risen 2.1% to $321.60 after getting upgraded to Overweight from Equal Weight at Morgan Stanley, while Celgene (CELG) has fallen 2.5% to $142.90 after Morgan Stanley cut it to Underweight from Equal Weight.

Coach (COH) has declined 1.3% to $39.21 after getting cut to Neutral from Overweight at Piper Jaffray.

Constellation Brands (STZ) has gained 4.4% to $210.01 after beating earnings forecasts and offering consensus-topping guidance.

FedEx (FDX) has fallen 2.2% to $216.50 and United Parcel Service (UPS) has slipped 2.1% to $116.53 on reports that Amazon.com (AMZN) is may be starting its own delivery service. Amazon.com has advanced 0.2% to $967.37.

International Speedway (ISCA) has jumped 9.3% to $40.05 after reporting better-than-expected earnings.

CarMax (KMX) has declined 1.1% to $75.60 after getting cut to Perform from Outperform at Oppenheimer.

Medicines Co. (MDCO) has gained 5.6% to $40.40 after reporting successful results from a study of its antibiotic combination.

Mallinckrodt (MNK) has dropped 3.4% to $36.10 after getting cut to Hold from Buy at Canaccord Genuity.

Microsoft (MSFT) has advanced 1% to $75.40 after getting upgraded to Buy from Hold at Canaccord Genuity.

Norwegian Cruise Line Holdings (NCLH) has gained 3.6% to $58 after getting added to theS&P 500.

SeaWorld Entertainment (SEAS) has climbed 5.6% to $14.90 on reports that it could be acquired.

Western Digital (WDC) has fallen 1.6% to $83 after getting cut to Hold from Buy at Deutsche Bank.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , US Markets
Referenced Symbols: ACAD , BIIB , CELG , STZ

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